Key features:
• New three (3) year lease, plus three (3) Rights of Renewals of three (3) years each
• Well entrenched business with strong tenant trading history and sizeable customer base
• IEP/Seismic rating of 70% NBS (Grade-B) providing funding assurance
• Affordable investment opportunity
• Returning net $85,000pa + GST
1/21 Ben Lomond Crescent presents a compelling and affordable industrial investment opportunity, comprising approximately 442sqm of floor area within a tightly held and sought-after East Auckland industrial precinct. The property is occupied by a well-established and entrenched business with a considerable and loyal customer base, having operated in the area for many years.
Further enhancing the offering is the property's IEP Grade-B seismic assessment of approximately 70% NBS, offered together with excellent connectivity to Howick Pakuranga Highway, East Tamaki, Botany and surrounds. The property's location gives it the benefits of strong underlying/consistent demand and convenient access throughout East Auckland.